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Altizon - About the company

Altizon is a series A company based in Princeton (United States), founded in 2013 by Ranjit Nair and Yogesh Kulkarni. It operates as a Provider of industrial IoT platforms for factory and asset monitoring. Altizon has raised $15M in funding from investors like The Hive, Wipro and Lumis Partners, with a current valuation of ₹*****. The company has 226 active competitors, including 33 funded and 12 that have exited. Its top competitors include companies like Fero Labs, MyCellHub and Faclon Labs.

Company Details

Provider of industrial IoT platforms for factory and asset monitoring. It offers a platform to digitize factory operations, deploy applications for improved productivity and sustainability, and leverage AI for predictive maintenance and process optimization. The platform provides real-time operational overviews, tracks key metrics like OEE, monitors machine parameters for quality control, and digitizes maintenance processes. It also enables energy consumption analysis and traceability throughout the production process. The platform is used across various industries to improve efficiency and reduce costs.
Social
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Email ID
*****@altizon.com
Registered Address
Bungalow No. 4, Sphurti Housing Society, Behind Vodafone Centre, Mumbai-Pune Road, Wakde, wadi, Pune, Pune, Pune, Maharashtra, India, 411003
Key Metrics
Founded Year
2013
Location
Princeton, United States
Stage
Series A
Total Funding
$15M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 29, 2024
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2026
Employee Count
49 as on Aug 31, 2026
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Altizon's funding and investors

Altizon has raised a total funding of $15M over 7 rounds. Its first funding round was on Sep 10, 2014. Its latest funding round was a Angel round on Jun 29, 2024 for $*****. 1 investor participated in its latest round. Altizon has 8 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Altizon:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 29, 2024
8459824
Angel
7252047
5464512
2748042
3098990
Feb 22, 2022
6039953
Series A
5481162
9144275
9946883
Feb 03, 2021
6859910
Series A
9746411
7109865
2240000
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Altizon's founders and board of directors

Founder? Claim Profile
The founders of Altizon are Ranjit Nair and Yogesh Kulkarni. Vinay Nathan is the CEO of Altizon.
Here are the details of Altizon's key team members:

Altizon's Board of Directors

Altizon's board has 8 active members. Arihant Patni ., Ranjit Nair, Yogesh Kulkarni, Rajesh Narasimhan, Bruce Wayne Dahlgren, Anil Paranjape and Vinaynathan Viswanathan are part of team and Anuraag Agarwal . is independent board member.
Here is the list of Altizon's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
13y 4m
Team
-
Current
13y 4m
qltsepj
Team
-
Past
5y 1m
Investor
The Hive
Current
10y 11m
Investor
TVS Motor
Current
7y 4m
ymvpmrs
Investor
prrdblc
Current
6y 5m
qfrrbtz
Investor
{gtkhjt
Past
2y 9m
hgjqfhm
Investor
ppjwuky
Past
5y 7m
Independent board member
-
Current
2y 4m

Altizon's employee count trend

Altizon has 49 employees as of Aug 26. Here is Altizon's employee count trend over the years:
Employee count trend for Altizon
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Altizon's Competitors and alternates

Top competitors of Altizon include Fero Labs, MyCellHub and Faclon Labs. Here is the list of Top 10 competitors of Altizon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fero Labs
Fero Labs
2016, New York City (United States), Series B
Developer of AI-powered platform optimizing industrial processes for efficiency and sustainability
$30M
50/100
2nd
Logo for MyCellHub
MyCellHub
2016, Leuven (Belgium), Acquired
Data analytics software for manufacturing and heavy industries
$1.21M
49/100
3rd
Logo for Faclon Labs
Faclon Labs
2016, Mumbai (India), Series A
Provider of industrial data and AI platform for decision intelligence
$5.26M
48/100
4th
Logo for Safi Analytics
Safi Analytics
2018, Nairobi (Kenya), Series B
Analytics-based process control solution
$21.4M
48/100
5th
Logo for Detect
Detect
2016, Chennai (India), Series B
Provider of workplace safety and industrial operations monitoring through AI
$45.7M
48/100
6th
Logo for Rever
Rever
2015, San Mateo (United States), Seed
Innovation management software for businesses
$5.5M
47/100
7th
Logo for Altizon
Altizon
2013, Princeton (United States), Series A
Provider of industrial IoT platforms for factory and asset monitoring
$15M
53/100
8th
Logo for Con.doit
Con.doit
2020, Birmingham (United States), Seed
Provider of digital field and analysis software for electrical contractors
$5.45M
46/100
9th
Logo for NTWIST
NTWIST
2016, Hyderabad (India), Funding Raised
Machine learning based business process improvement and data analytics platform
-
46/100
10th
Logo for Oden Technologies
Oden Technologies
2014, New York City (United States), Series B
Provider of AI-driven production analytics and operator guidance software
$44M
45/100
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Altizon's Latest cap tables and shareholding

Founders own 31.47%, Funds (largest shareholder) own 40.33%, Enterprises own 17.48% and Angels own 3.36%. The net worth of Altizon's founders is INR 32.1Cr as of Jun 29, 2024. The cap table displayed below is for ALTIZON SYSTEMS PRIVATE LIMITED which is the legal entity associated with Altizon.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.47%
32.1Cr
5538508
3555787
3952835
6167396
5038281
1283895
8656651
3674914
1124273
2427097
3590917
3753827
8116695
1707142
8892495
9363399
Fund
40.33%
41.1Cr
8913268
1069956
1233796
7447652
1158636
1954583
8525498
7853369
1159936
5593856
Enterprise
17.48%
17.8Cr
1691761
2151883
5260561
3143504
Angel
3.36%
3.43Cr
609
113
104
959
5
7
4
3
6
4
Other People
0.70%
71.2L
0
0
0
0
ESOP Pool
6.66%
6.78Cr
279994
892248
962555
902580
Total
100.00%
102Cr
1569103
8652318
3326302
7108028
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Altizon's Investments and acquisitions

Altizon has made no investments or acquisitions yet.

Reports related to Altizon

Here is the latest report on Altizon's sector:

News related to Altizon

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•
Sundaram Clayton accelerates IIoT led manufacturingAsian News International•Dec 02, 2021•Sundaram Clayton, Altizon
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